This document provides an overview of the 7Ps of marketing - product, price, place, promotion, people, process, and physical evidence. It discusses each P in 1-2 paragraphs with examples for how Ford Motor Company implements them. The document is an assignment for a marketing management class discussing the key elements that make up an organization's marketing mix and strategy. It aims to educate the reader on the 7Ps framework commonly used to develop integrated marketing plans and ensure all aspects of bringing a product to market are addressed.
Marketing mix-Types-4 p's,7p's-scope and Importance.ranjith13004
Pure marketing starts with Marketing strategies.a base of marketing strategy to achieve a target market is discussed in marketing mix.A Power point which consists of all information's about what a marketing mix is and what are all its types and how it can be used effectively.
The various activities of the marketing process are referred to as the marketing mix and traditionally include the four Ps:
product (characteristics and features)
price (appropriate market price)
promotion (communicating the product’s benefits)
place (distribution of the product in markets).
In order to gain a competitive advantage over rivals, companies create brands that represent aspirations and a desirable image of life that the customer would like to identify with.
Marketing mix-Types-4 p's,7p's-scope and Importance.ranjith13004
Pure marketing starts with Marketing strategies.a base of marketing strategy to achieve a target market is discussed in marketing mix.A Power point which consists of all information's about what a marketing mix is and what are all its types and how it can be used effectively.
The various activities of the marketing process are referred to as the marketing mix and traditionally include the four Ps:
product (characteristics and features)
price (appropriate market price)
promotion (communicating the product’s benefits)
place (distribution of the product in markets).
In order to gain a competitive advantage over rivals, companies create brands that represent aspirations and a desirable image of life that the customer would like to identify with.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
2. INTRODUCTION OF
MARKETING MIX
These seven are:
product,price,promotion,place,position and people.
As products ,markets,customers and needs change
rapidly,you must continually revisit these seven PS
to make sure you're on track and achieving the
maximum results possible for. You in today
marketplace
4. MARKETING MIX PRODUCT
TAILP IPEPRODUCT MEAN GOODS AND
SERVICE COMBINATION THE COMPANY
OFFER TO THE TARGET MARKET .THUS ,A
FORD ESCAPE CONSISTS OF NUTS AND
BOLTS,SPARK
PLUGE,PISTONE,HEADLIGHT,AND
THOUSAND OF OTHERS PARTS.FORD OFFERS
SEVERAL ESCAPE MODELS AND DOZENS OF
OPTICAL FEATURES. THE CAR COMES FULLY
SRVICED AND WITH A COMPARCHENSIVE
WARRENTY THET IS AS MUCH A PART OF THE
PRODUCT AS THE
6. MARKETING MIX PRICE
• PRICE IS THE AMOUNT OF MONEY CUSTOMERS MUST PAY
TO OBTAIN THE PRODUCT .FORD CALULATES SUGGESTSED
RATAI PRICE THAT ITS DEALERS MIGHT CHARGE FOR
EACH ESCAPE .BUT FORD DEALERS RARELY CHANGE THE
FULL STICKER PRICE.INSEED ,THEY NEGOTIATE THE PRICE
WITH EACH CUSTOMER OFFERING DISCOUNTS,TRADE IN
ALLOWANCES, AMD CREDIT TERMS.
• THESE ACTION ADJUST PRICE FOR THE CURRENY
COMPETITIVE AND ECONOMIC SITUATION AND BRING
THEM INTO LINE WITH THE BUYERS PERCEPTION OF
THE CARS VALU
8. MARKETING MIXE
PLACE
• IT INCLUDES COMPANY ACTIVITIES THET
MAKES THE PRODUCT AVAILABLE TO TARGET
CONSUMER .FORD PARTNER WITH A LARGE
BODY OF INDEPENDENTIY OWNED
DEALERSHIP THET SELL THE COMPANY MANY
DIFFERENT MODEL.FORD SELET ITS DEALERS
CAREFULLY AND STRONGLY SUPPORT
THEM.THE DEALERS KEEP AN INVENTORY OF
FORD AUTOMOBILE,DEMOSTRATE THEM TO
PONTENTIAL BUYER, NEGOTIATE PRICE, CLOSE
SALES,AND SERVICE THE CARS AFTER THE
SALES
10. MARKETING MIX
PROMOTION
• IT MEANS ACTIVITIES THAT COMMUNICATE THE
MERITS OF THE PRODUCT AND PERSUDE TARGET
CUSTOMERS TO BUY IT .FORD SPENDS MORE THAT $1.5
BILLION EACH YEAR ON U.S.ADVERTISING TO TELL
CONSUMERS ABOUT THE COMPANY AND ITS MAY
PRODUCT.
• DELARSHIP SALEPEOPLE ASSISTS POTENTIAL BUYERS
AND PERSUADE THEM THAT FORD IS THAT FORD IS
THE BEST CARE FOR THEM.
• FORD AND ITS DEALERS OFFERS SPECIAL
PROMOTIONS SALES,CAST REBATES,AND LOW
FINANCING RATES AS ADDED PURCHASE INCENTIVES.
12. MARKETING MIX PEOPLE
People, in the marketing mix, refers to anyone
directly or indirectly involved in the business
side of the enterprise. That means anyone
involved in selling a product or service,
designing it, marketing, managing teams,
representing customers, recruiting and training.
14. MARKETING MIX PROCESS
Process refers to the processes involved in
delivering your products and services to the
customer. It is also about being 'easy to do
business with'. Having good process in place
ensures that you: repeatedly deliver the same
standard of service to your customers. save time
and money by increasing efficiency
16. MARKETING MIX PHYSICAL
EVIDECE
Physical evidence refers to everything your
customers see when interacting with your
business. This includes: the physical environment
where you provide the product or service. the
layout or interior design. your packaging.